For Sale: Faribault MLS# 7117935
Active
NEW!
$799,000
Condo/Townhome: Side x Side
6 br • 4 ba • Built 1975
3,818 sqft • 0.392 acres
Faribault schools
MLS# 7117935
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Property Description
A rare opportunity to own twin homes 6950 and 6960 on the shores of French Lake! Whether you're searching for a family retreat, an income-producing investment, or the perfect way to enjoy lake living while offsetting your mortgage, this property being sold as one unit offers endless possibilities.
Each side features a Split-Level Home with an updated interior. Both have a full kitchen, 3 bedrooms, 2 bathrooms, laundry, and spacious living areas designed for comfortable everyday living or memorable weekend getaways. Step outside to private decks for each, with stair access leading directly to the lake. The lake access to spend your days boating, fishing, kayaking, or simply relaxing by the water. The level shoreline has 2 picnic and firepit areas for those long fun on the lake days.
The possibilities are endless! Purchase with another family and enjoy your own private side-by-side lake homes, live in one unit while generating income by renting the other, or maximize your investment by renting both units for long-term or short-term stays. One unit is currently owner-occupied, while the second is operating as a successful Airbnb (6960 French Lake Court). To make the transition seamless, the seller is including all Airbnb furnishings and contents, along with transferring future confirmed bookings to the new owner (if that is the buyer's intent).
The property also includes two docks, a pontoon, two kayaks, and life jackets, so you can begin enjoying the lake from day one.
Properties offering this level of flexibility are incredibly hard to find. Whether you're dreaming of sharing lake memories with family, building wealth through rental income, or creating the ultimate vacation getaway, this French Lake property delivers the perfect combination of lifestyle, versatility, and investment potential.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$799,000
Price per sq ft:
$209
Property Type:
Condo/Townhome
City:
Faribault
Garage Spaces:
0
County:
Rice
Year Built:
1975
State:
MN
Property Style:
Side x Side
Zip Code:
55021
Subdivision Name:
Harns Cove
Interior
Bedrooms:
6
Bathrooms:
4
Finished Area:
3,818 ft2
Total Fireplaces:
0
Living Area:
3,818 ft2
Common Wall:
Yes
Appliances Included:
- Dishwasher
- Dryer
- Gas Water Heater
- Microwave
- Range
- Refrigerator
- Washer
- Water Softener Owned
Basement Details:
- Egress Window(s)
- Full
- Walkout
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
0
Air Conditioning:
Ductless Mini-Split
Foundation Size:
2,160 ft2
Handicap Accessible:
None
Out Buildings:
Storage Shed
Road Responsibility:
Private Maintained Road
Heating System:
Boiler
Parking Features:
Gravel
Unit Amenities:
- Ceiling Fan(s)
- Deck
- Dock
- Kitchen Window
- Washer/Dryer Hookup
Road Frontage:
Private Road
Exterior Material:
Frame
Roof Details:
Asphalt
Rooms
1/4 Baths:
None
Full Baths:
2
Half Baths:
None
3/4 Baths:
2
Bathroom Details:
- 3/4 Basement
- Full Primary
- Main Floor Full Bath
Dining/Kitchen:
- Breakfast Bar
- Eat In Kitchen
Laundry:
Lower Level
Lake & Waterfront
Waterfront Present:
Y
Waterfront:
Lake Front
Lot & Land
Acres:
0.392
Geolocation:
44.343707, -93.401945
Lot Dimensions:
Irregular
Addl Parcels:
1007351020, 1007351009, 1007351015
Zoning:
Residential-Single Family
Lot Description:
- Accessible Shoreline
- Tree Coverage - Medium
Schools
School District:
656
District Phone:
5073336016
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$6,312
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,312
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Propane
Sewer System:
- Mound Septic
- Shared Septic
Water System:
- Shared System
- Well
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Venture.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.